Tag: Cost Optimization

  AWS’s breadth of resource options and purchase models allow you to design your infrastructure in a most cost-efficient way possible.  You can start by identifying idle and underutilized resources with services such as AWS Cost Explorer Recommendations, matching your resource capacity with business demand using services such as Instance Scheduler, and taking advantage of […]

We recently released an updated version of the Cost Optimization pillar of the AWS Well-Architected Framework with a heavy focus on Cloud Financial Management. Since releasing the AWS Well-Architected Tool at re:Invent 2018, we’ve continued to work with customers, partners, and other AWS subject matter experts to understand how we can improve the tool and […]

Collecting and analyzing data is critical to gaining valuable insights into your business and evaluating the effectiveness of your processes. Similar to how you measure your organizational activities, it is important to measure your AWS cost and usage efficiency metrics. This blog post introduces 5 key cost management metrics that you can use to help […]

AWS Cost Explorer now delivers rightsizing recommendations across EC2 instance families through an integration with AWS Compute Optimizer, adding to existing support for rightsizing recommendations within the same instance family. To access Cost Explorer Rightsizing Recommendations, click on “Recommendations” in the left navigation pane, followed by “View All” in the “Resource optimization recommendations” section of the […]

AWS now generates Savings Plans recommendations for member (linked) accounts, adding to existing support for organization level Savings Plans recommendations.

We are excited to announce that AWS Compute Savings Plans now cover your Lambda usage! Customers have been excited about Savings Plans since their introduction in November. The reason is that Savings Plans provide additional flexibility, while retaining the savings potential that Reserved Instances are known for. With the inclusion of AWS Lambda to Compute […]

Some of you have reached out asking to learn more about purchasing and managing Savings Plans. The inimitable Jeff Barr already covered most of the need-to-know content in this post (which you should absolutely read right now if you haven’t), but here’s how the brave new world of Savings Plans fits into the AWS Cost […]

AWS CloudTrail is a service that enables governance, compliance, operational auditing, and risk auditing of your AWS account. With CloudTrail, you can log, continuously monitor, and retain account activity related to actions across your AWS infrastructure. CloudTrail provides event history of your AWS account activity, including actions taken through the AWS Management Console, AWS SDKs, […]

  AWS helps customers drive business value and optimize cloud spend. Yet, understanding these drivers and how to maximize the benefits of AWS requires education and practices. AWS Cloud Economics helps customers build business cases beyond pure cost savings and helps customers on the platform optimize financial practices & costs. AWS Cloud Economics team works […]

September 8, 2021: Amazon Elasticsearch Service has been renamed to Amazon OpenSearch Service. See details. AWS now generates custom Amazon EC2 resource optimization recommendations, calculating ideal configurations based on your past usage. Using these recommendations in the AWS Cost Management product suite, you can identify opportunities for cost efficiency and act on them by terminating […]